"FMS has been shorted and shorted hard. Somebody had to sell all those millions of shares in order for somebody to buy them and prior to October last year nobody even owned it in the amounts that have been traded recently."
Sorry njp, this does not make any sense to me, can you elaborate on how this shorting works?
It is pretty normal for someone to sell something in order for someone to buy it is it not?
Can you point us to some evidence of shorting FMS?
I think this speccie has simply been flogged like the rest of the market.
grossly oversold, page-45
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Last
69.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $137.8M | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 69.0¢ | 69.0¢ | $21.99K | 31.86K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | 68.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.0¢ | 111763 | 20 |
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| Last trade - 13.24pm 07/11/2024 (20 minute delay) ? |
| RHK (ASX) Chart |